Cheniere Energy Partners, L.P. Annual report pursuant to Section 13 and 15(d)

Schedule I—Condensed Financial Information of Registrant (Tables)

12 Months Ended

Dec. 31, 2016

The following table (in thousands) provides supplemental disclosure of cash flow information:



	Year Ended December 31,
	2016		2015		2014
Cash paid during the period for interest, net of amounts capitalized	$	242,005	$	135,836	$	130,578
Non-cash conveyance of assets	—		13,169		—

CHENIERE ENERGY PARTNERS, L.P.

CONDENSED BALANCE SHEETS

(in thousands)



	December 31,
	2016		2015
ASSETS
Current assets
Cash and cash equivalents	$	—	$	109,950
Restricted cash	234,407		—
Prepaid expenses and other	447		187
Total current assets	234,854		110,137

Property, plant and equipment, net	78,789		58,410
Debt issuance and deferred financing costs, net	62,048		—
Investment in affiliates	2,616,985		544,589
Non-current derivative assets	16,073		—
Other non-current assets	45		953
Total assets	$	3,008,794	$	714,089


LIABILITIES AND PARTNERS’ EQUITY
Current liabilities
Derivative liabilities	$	2,965	$	—
Other current liabilities	2,775		1,158
Total current liabilities	5,740		1,158

Long-term debt	2,560,000		—

Partners’ equity	443,054		712,931
Total liabilities and partners’ equity	$	3,008,794	$	714,089

CHENIERE ENERGY PARTNERS, L.P.

CONDENSED STATEMENTS OF OPERATIONS

(in thousands)



	Year Ended December 31,
	2016			2015			2014
Operating costs and expenses
Operating and maintenance expense	$	5,326		$	2,905		$	—
General and administrative expense	3,927			2,760			3,383
General and administrative expense—affiliate	11,704			11,546			11,556
Depreciation and amortization expense	632			72			—
Total operating costs and expenses	21,589			17,283			14,939

Other income (expense)
Interest expense, net of capitalized interest	(22,858		)	—			—
Derivative gain, net	11,478			—			—
Other income	351			173			162
Equity loss of affiliates	(138,577		)	(301,781		)	(395,259		)
Total other expense	(149,606		)	(301,608		)	(395,097		)

Net loss	$	(171,195	)	$	(318,891	)	$	(410,036	)

CHENIERE ENERGY PARTNERS, L.P.

CONDENSED STATEMENTS OF CASH FLOWS

(in thousands)



	Year Ended December 31,
	2016			2015			2014
Cash flows used in operating activities	$	(52,488	)	$	(43,723	)	$	(40,948	)

Cash flows from investing activities
Property, plant and equipment, net	—			(671		)	—
Investments in subsidiaries	(2,428,967		)	12,832			(61,350		)
Distributions received from affiliates, net	217,994			18,400			108,625
Net cash provided by (used in) investing activities	(2,210,973		)	30,561			47,275

Cash flows from financing activities
Proceeds from issuance of debt	2,560,000			—			—
Debt issuance and deferred financing costs	(73,060		)	—			—
Distributions to owners	(99,025		)	(99,018		)	(98,979		)
Other	3			—			—
Net cash provided by (used in) financing activities	2,387,918			(99,018		)	(98,979		)

Net increase (decrease) in cash, cash equivalents and restricted cash	124,457			(112,180		)	(92,652		)
Cash, cash equivalents and restricted cash—beginning of period	109,950			222,130			314,782
Cash, cash equivalents and restricted cash—end of period	$	234,407		$	109,950		$	222,130

Balances per Condensed Balance Sheets:



	December 31
	2016		2015		2014
Cash and cash equivalents	$	—	$	109,950	$	222,130
Restricted cash	234,407		—		—
Total cash, cash equivalents and restricted cash	$	234,407	$	109,950	$	222,130

The following table provides supplemental disclosure of cash flow information (in thousands):



	Year Ended December 31,
	2016		2015		2014
Non-cash capital contributions (1)	$	138,577	$	301,781	$	395,259


(1)	Amounts represent equity loss of affiliates not funded by Cheniere Partners.